MLPB vs. ATMP ETF Comparison

Comparison of ETRACS Alerian MLP Infrastructure Index ETN Series B due April 2, 2040 (MLPB) to Barclays ETN Plus Select MLP (ATMP)

MLPB

ETRACS Alerian MLP Infrastructure Index ETN Series B due April 2, 2040

MLPB Description

The ETRACS Alerian MLP Infrastructure Index ETN Series B is senior unsecured debt securities issued by UBS that provide exposure to potential price appreciation in the Alerian MLP Infrastructure Index. The index, comprised of 22 energy infrastructure master limited partnerships, is a subset of the Alerian MLP Index. The index refers to the master limited partnerships included in the Alerian MLP Infrastructure Index as the “index constituents.” It constituents earn the majority of their cash flow from the transportation, storage, and processing of energy commodities. The index is intended to provide diversified exposure specifically to infrastructure investment.

Grade (RS Rating)

Last Trade

$23.65

Average Daily Volume

21,036

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ATMP

Barclays ETN Plus Select MLP

ATMP Description

ATMP is an ETN tracking a dynamic index of US and Canadian MLPs. The fund offers a concentrated basket that can include as few as 20 firms or as many as 100. ATMP takes an alternative approach to selection, as it includes both general partnerships shares and traditional limited partnerships shares. Only companies traded on major US stock exchanges can be included in the portfolio and MLPs are also screened based on factors like long-term credit ratings and cash flows generated from midstream oil & gas activities. Additionally, the index is modified market-cap-weighted and caps limited partnerships weights at 8% and general partnerships shares at 4%. The index is reconstituted and rebalanced quarterly.

Grade (RS Rating)

Last Trade

$24.16

Average Daily Volume

40,202

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MLPB	ATMP
30 Days	0.69%	2.29%
60 Days	3.13%	14.12%
90 Days	11.36%	13.75%
12 Months	33.15%	34.45%

4 Overlapping Holdings

Symbol	Grade	Weight in MLPB	Weight in ATMP	Overlap
ENLC	A	5.63%	0.78%	0.78%
EPD	A	9.91%	7.8%	7.8%
ET	A	9.16%	3.94%	3.94%
PAA	A	10.02%	7.84%	7.84%

MLPB Overweight 5 Positions Relative to ATMP

Symbol	Grade	Weight
MPLX	A	10.54%
WES	A	10.08%
CQP	D	4.59%
NS	C	3.6%
GEL	A	2.91%

MLPB Underweight 7 Positions Relative to ATMP

Symbol	Grade	Weight
KMI	A	-4.34%
ENB	B	-4.11%
TRP	D	-3.97%
WMB	A	-3.89%
OKE	A	-3.78%
SE	A	-3.74%
PAGP	A	-1.92%

MLPB: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Oil & Gas Pipelines

ATMP: Top Represented Industries & Keywords

Industries: Oil & Gas Midstream Electronic Gaming & Multimedia